1 Emerging Markets Growth
US and EU-based algae producers and licensors of technology are increasingly looking to the Emerging Markets in Latin America, Asia, Africa and the Middle East for faster economic growth, increasing market demand, and more supportive government and regulatory climates for accelerated commercial growth. This follows a key trend by Shell and BP investing $12 and $8 billion respectively in sugar-based conglomerates in Brazil to produce ethanol, bio-butanol, drop-in fuels, and bio-based chemical products.
To read the full, original article click on this link: Top 11 Algae Market Trends For 2011 : Biofuels Digest
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